Deutsche Bank analyst Corinne Blanchard maintains $ESS Tech (GWH.US)$ with a hold rating, and adjusts the target price from $13.5 to $8.5.
According to TipRanks data, the analyst has a success rate of 26.6% and a total average return of -17.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $ESS Tech (GWH.US)$'s main analysts recently are as follows:
The firm is adopting a cautious stance on ESS Tech due to indications that the company is exploring financing possibilities. There's an observed preference to wait for more definitive information regarding the company's capital structure and delivery timelines. Nonetheless, there is recognition of the substantial market demand for long-duration storage solutions, and the belief persists that ESS Tech is well-positioned to become a dominant force in this industry over time.
Market conditions and a slower than anticipated uptake have led to a more negative stance on ESS Tech's shares. The third-quarter results fell short of expectations primarily due to project postponements, resulting in revenue recognition being deferred to the following quarter. Signs of heightened adoption and installations, along with further financing, would be necessary before adopting a more positive view on the stock.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
德意志银行分析师Corinne Blanchard维持$ESS Tech (GWH.US)$持有评级，并将目标价从13.5美元下调至8.5美元。
根据TipRanks数据显示，该分析师近一年总胜率为26.6%，总平均回报率为-17.6%。
此外，综合报道，$ESS Tech (GWH.US)$近期主要分析师观点如下：
企业对ESS Tech采取谨慎态度，因为有迹象表明公司正在探索融资可能性。观察到更倾向于等待关于公司资本结构和交付时间表的更确切信息。尽管如此，认识到长周期储能解决方案存在巨大市场需求，并坚信ESS Tech有望随着时间的推移成为该行业的主导力量。
市场条件及比预期的更新慢导致对ESS Tech股票持更消极立场。第三季度业绩未达预期，主要是由于项目推迟，导致营业收入确认延至下一个季度。在采取更积极的股票观点之前，需要看到更多增加採用及安装的迹象，以及进一步融资。
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TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
